Knowledge Hub

New standards, regulatory updates, experimental solutions and practical guides β€” written by our team of accountants and analysts.

Corporation Tax Rate Changes: What Every Director Needs to Know in 2025

Following the Spring Statement, we break down the maintained 25% main rate, small profits relief thresholds, and what they mean for your year-end planning.

FRS 102 Revised: Key Changes to UK GAAP and How to Prepare Your Accounts

The FRC's updated FRS 102 introduces new lease accounting requirements akin to IFRS 16. We explain the practical impact for small and medium entities.

How We Use AI to Catch Bookkeeping Errors Humans Miss

An inside look at how our anomaly-detection models flag misclassified transactions, duplicate invoices and VAT errors β€” before they become costly problems.

Making Tax Digital for ITSA: The Timeline and What to Do Now

MTD for Income Tax Self Assessment is coming for sole traders and landlords with income over Β£50,000 from April 2026. Here's your action checklist.

National Living Wage Rise April 2025: Payroll Impact and Auto-Enrolment Updates

The NLW increases to Β£12.21/hr from April 2025. We cover the ripple effects on payroll calculations, employer NICs and pension contribution thresholds.

Experimental: Using LLMs to Draft Narrative Reports for Management Accounts

We're piloting large language models to auto-generate plain-English commentary on management accounts. Early results, limitations, and what's next.

R&D Tax Relief Reform: Navigating the Merged Scheme for 2025 Claims

The merged R&D relief scheme is now fully in effect. We walk through qualifying expenditure, subcontracted R&D rules and the enhanced rate for loss-making SMEs.

IFRS 18 β€” Presentation and Disclosure in Financial Statements: A Practical Primer

IFRS 18 replaces IAS 1 and restructures the income statement. We unpack the new subtotals, management-defined performance measures and disclosure requirements.

Umbrella Companies & IR35: Staying Compliant Post-2024 Off-Payroll Changes

A guide for contractors and hirers on the current IR35 landscape, umbrella company due diligence, and how to spot non-compliant schemes.